Ocala Real Estate Market Report July 2016

Market Report
CLOSED SALES 520
MEDIAN SOLD PRICE $141,000
AVERAGE SOLD PRICE $172,585
MEDIAN % ORIGINAL LIST PRICE 95.3 %
MEDIAN TIME TO CONTRACT 59 days
MEDIAN TIME TO SALE 106 days
NEW PENDING SALES 610
NEW LISTINGS 762
ACTIVE LISTINGS 2773
MONTHS SUPPLY OF INVENTORY 5.4 months

Sales in July were down from June but that is to be expected. We don’t have a true off season like the dead of winter up north but things are slower in the summer here. You can see from past market reports that prices are slowly going up and inventory is going down.

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